Shares of Panther Metals PLC (LON:PALM – Get Free Report) rose 11.7% during trading on Friday . The company traded as high as GBX 175 and last traded at GBX 164.25. Approximately 174,783 shares changed hands during mid-day trading, an increase of 124% from the average daily volume of 78,106 shares. The stock had previously closed at GBX 147.
Panther Metals Price Performance
The business’s 50 day moving average price is GBX 104.58 and its 200 day moving average price is GBX 82.47. The stock has a market capitalization of £11.50 million, a P/E ratio of -6.61 and a beta of 0.54.
About Panther Metals
Cash flow pathway — Winston tailings contain gold and silver with strong gallium credits. Processing is low-capex and straightforward; permitting is the next milestone. Once in place, Winston provides a near-term route to revenue with exposure to both precious and critical metals.
Exploration with production cash — That cash will fund drilling across:
Wishbone (Obonga) — a new VMS system with multi-percent zinc intercepts and Mattabi-scale potential.
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